A Physicist, A Statistician, And A (pure) Mathematician Go To The Races And Place Bets On Horses.

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A physicist, a statistician, and a (pure) mathematician go to the races and place bets on horses.

The physicist's horse comes in last. "I don't understand it. I have determined each horse's strength through a series of careful

The statistician's horse does a little bit better, but still fails miserably. "How is this possible? I have statistically evaluated the
results of all races for the past month."

They both look at the mathematician whose horse came in first. "How did you do it?"

"Well", he explains. "First, I assumed that all horses were identical and spherical..."